ANKAM: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ANKAM
Largest movements
- Stocks and contracts +€123,471
up €123,471 (+172.6%), from €71,551 to €195,022
- Tangible fixed assets -€62,334
down €62,334 (-14.7%), from €425,065 to €362,731
- Deferred charges and accrued income -€8,447
down €8,447 (-96.3%), from €8,771 to €325
- Contributions +€880,000
up €880,000 (+4400.0%), from €20,000 to €900,000
- Other debts -€815,126
no longer reported in 2025 (was €815,126)
- Debts after one year +€234,884
up €234,884 (+358.6%), from €65,502 to €300,386
- Trade debts -€177,869
down €177,869 (-88.8%), from €200,245 to €22,376
- Tax, wage and social debts -€87,750
down €87,750 (-68.9%), from €127,326 to €39,577
of which Remuneration and social security: -€84,130
- Gross operating margin +€333,603
up €333,603 (+1915.7%), from €17,414 to €351,017
- Staff costs +€7,763
up €7,763 (+3.1%), from €252,384 to €260,147
- Other operating charges +€7,191
up €7,191 (+92.2%), from €7,799 to €14,990
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €510,307 | €568,351 | +€58,043 | +11.4% |
| Fixed assets | 21/28 | €425,065 | €362,731 | -€62,334 | -14.7% |
| Tangible fixed assets | 22/27 | €425,065 | €362,731 | -€62,334 | -14.7% |
| Land and buildings | 22 | €217,577 | €204,368 | -€13,209 | -6.1% |
| Plant, machinery and equipment | 23 | €161,051 | €137,510 | -€23,541 | -14.6% |
| Furniture and vehicles | 24 | €46,437 | €20,853 | -€25,584 | -55.1% |
| Current assets | 29/58 | €85,242 | €205,619 | +€120,377 | +141.2% |
| Stocks and contracts in progress | 3 | €71,551 | €195,022 | +€123,471 | +172.6% |
| Stocks | 30/36 | €71,551 | €195,022 | +€123,471 | +172.6% |
| Cash at bank and in hand | 54/58 | €4,920 | €10,272 | +€5,353 | +108.8% |
| Deferred charges and accrued income | 490/1 | €8,771 | €325 | -€8,447 | -96.3% |
| Total equity and liabilities | 10/49 | €510,307 | €568,351 | +€58,043 | +11.4% |
| Equity | 10/15 | -€735,799 | €173,889 | +€909,688 | |
| Contributions | 10/11 | €20,000 | €900,000 | +€880,000 | +4400.0% |
| Profit (loss) carried forward | 14 | -€755,799 | -€726,111 | +€29,688 | +3.9% |
| Amounts payable | 17/49 | €1,246,107 | €394,462 | -€851,645 | -68.3% |
| Amounts payable after more than one year | 17 | €65,502 | €300,386 | +€234,884 | +358.6% |
| Financial debts | 170/4 | €65,502 | €300,386 | +€234,884 | +358.6% |
| Amounts payable within one year | 42/48 | €1,180,604 | €94,076 | -€1.1m | -92.0% |
| Current portion of amounts payable after more than one year | 42 | €37,907 | €32,124 | -€5,784 | -15.3% |
| Trade debts | 44 | €200,245 | €22,376 | -€177,869 | -88.8% |
| Suppliers | 440/4 | €200,245 | €22,376 | -€177,869 | -88.8% |
| Taxes, remuneration and social security | 45 | €127,326 | €39,577 | -€87,750 | -68.9% |
| Taxes | 450/3 | €43,196 | €39,577 | -€3,620 | -8.4% |
| Remuneration and social security | 454/9 | €84,130 | - | -€84,130 | |
| Other amounts payable | 47/48 | €815,126 | - | -€815,126 | |
| Remuneration, social security and pensions | 62 | €252,384 | €260,147 | +€7,763 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,194 | €41,208 | -€2,985 | -6.8% |
| Other operating charges | 640/8 | €7,799 | €14,990 | +€7,191 | +92.2% |
| Gross operating margin | 9900 | €17,414 | €351,017 | +€333,603 | +1915.7% |
| Operating profit (loss) | 9901 | -€286,963 | €34,672 | +€321,635 | |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €3,375 | €4,984 | +€1,609 | +47.7% |
| Recurring financial charges | 65 | €3,375 | €4,984 | +€1,609 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | -€290,319 | €29,688 | +€320,007 | |
| Profit (loss) for the period | 9904 | -€290,319 | €29,688 | +€320,007 | |
| Profit (loss) for the period to be appropriated | 9905 | -€290,319 | €29,688 | +€320,007 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.